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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Nykaa closes Series D round at $24 mn

TMT

14 May, 2018

Nykaa closes Series D round at $24 mn

Beauty e-tailer Nykaa has closed its Series D round of investment at Rs 165 crore ($24 million) from its existing ......

Knowlarity acquires cloud telephony business of Sunoray Solutions

TMT

14 May, 2018

Knowlarity acquires cloud telephony business of Sunoray Solutions

Singapore-headquartered cloud-based telephony services provider Knowlarity Communications Pvt. Ltd has acquired Mumbai-based Sunoray Solutions Pvt. Ltd for an undisclosed amount, ......

Walmart eyes Flipkart IPO in as early as four years

TMT

12 May, 2018

Walmart eyes Flipkart IPO in as early as four years

Indian e-commerce company Flipkart might go for an initial public offering (IPO) in as early as four years if minority ......

These marquee investors gave Flipkart a miss

TMT

11 May, 2018

These marquee investors gave Flipkart a miss

When a startup is desperate for cash, it inevitably meets every investor in town—which is what Flipkart did in its ......

Rairah Corp backs Pune business scion's fresh produce firm Earth Food

TMT

11 May, 2018

Rairah Corp backs Pune business scion's fresh produce firm Earth Food

Pune-based agri-tech startup Earth Food, which grows residue-free fruits and vegetables and sells them both online and offline, has raised ......

Digital gifting platform Swych buys Blume Ventures-backed Gift Cards India

TMT

10 May, 2018

Digital gifting platform Swych buys Blume Ventures-backed Gift Cards India

Digital gifting platform Swych Inc. said it has acquired Mumbai-based GCI Network Pvt. Ltd, the company behind the GiftCardsIndia.in website, ......

WestBridge leads Series B investment in healthcare data firm Innovaccer

TMT

10 May, 2018

WestBridge leads Series B investment in healthcare data firm Innovaccer

Innovaccer Inc., a Silicon Valley-based healthcare data platform, has raised $25 million (Rs 168 crore) in a Series B round ......

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PremjiInvest-backed payments firm FSS starts fundraise process after delay

TMT

10 May, 2018

PremjiInvest-backed payments firm FSS starts fundraise process after delay

Chennai-based payments technology company Financial Software & Systems Pvt. Ltd (FSS) has hired two investment banks to kick-start a large ......

Accel Partners reveals why it invested in Flipkart at a time when it had no backers

TMT

10 May, 2018

Accel Partners reveals why it invested in Flipkart at a time when it had no backers

Monumental. That's how Accel Partners described portfolio company Flipkart's $16 billion acquisition by US retail giant Walmart Inc. The venture ......

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Why Blume-backed E2E's IPO could be a game changer for VC firms eyeing exit

TMT

10 May, 2018

Why Blume-backed E2E's IPO could be a game changer for VC firms eyeing exit

For venture capital (VC) funds starving to clock profitable exits, this week’s successful closure of the public offering...

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